Please answer 25-28 multiple choice

Gradebook Emai! Live Doc Sharing Dropbox Journal Webliography Tech Support Help 25. A balance of payments is associated with a of international reserves (Points: 3) surplus; loss surplus; gain O deficit; gain O balance; loss O none of the above fit 26. A foreign exchange intervention in which a central bank allows the purchase or sale of domestic currency to have an effect on the monetary base and hence on the money supply is called a(n): (Points: 3) O sterilized foreign exchange intervention O unsterilized foreign exchange intervention O securitized foreign exchange intervention O unsecuritized foreign exchange intervention O real darn shame 27. Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation. (Points : 3) 9 True False ange rates are determined in an organized exchange market similar to the New York Stock Exchange-only it deals with curr True